Magnificent 7 INDIA
Identifying India's "Magnificent Seven" is a complex task, as the country's dynamic economy is constantly evolving, with new startups and established companies emerging. However, based on their current trajectories and potential for future growth, here are seven companies that could be considered among India's leading players in the next decade:
1. Reliance Industries (RIL): The conglomerate, led by Mukesh Ambani, is already a titan in the Indian energy and retail sectors, but it is also expanding into new areas like telecommunications, healthcare, and e-commerce.
2. Tata Group: Another diversified conglomerate, the Tata Group is known for its diverse businesses across industries like automobiles, steel, software, and hospitality. It is also focusing on innovation and emerging technologies.
3. Hindustan Unilever (HUL): India's largest consumer goods company, HUL is a household name in India, producing a wide range of products from soaps and detergents to packaged beverages and food items.
4. Infosys (INFY): One of India's leading IT companies, Infosys has established a global presence and is specializing in digital transformation and cloud computing solutions.
5. TCS (TCS): Another major IT giant, TCS is known for its large-scale IT consulting and engineering services, and it is also expanding into newer areas like artificial intelligence and cybersecurity.
6. Bajaj Finance (BJFS): A leading non-banking financial company, Bajaj Finance is catering to India's large retail market with its financial services, including consumer loans, insurance, and mutual funds.
7. Adani Group: A diversified conglomerate with interests in infrastructure, energy, and resources, the Adani Group is rapidly expanding its business empire and has become a major player in India's infrastructure development.
These seven companies represent India's diverse industries and their potential to drive the country's economic growth in the years to come. Their ability to adapt to changing market trends, embrace innovation, and expand their global reach will be crucial in shaping India's future as a global economic power.
Asset Allocation
| Position | Category/Sector | Weight |
|---|---|---|
ADANIENT.NS Adani Enterprises Limited | Energy | 14.29% |
BAJAJFINSV.NS Bajaj Finserv Limited | Financial Services | 14.29% |
HINDUNILVR.NS Hindustan Unilever Limited | Consumer Defensive | 14.29% |
INFY.NS Infosys Limited | Technology | 14.29% |
RELIANCE.BO Reliance Industries Limited | Energy | 14.29% |
TATASTEEL.NS Tata Steel Limited | Basic Materials | 14.29% |
TCS.NS Tata Consultancy Services Limited | Technology | 14.29% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Magnificent 7 INDIA, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends. The portfolio is rebalanced Quarterly
The earliest data available for this chart is May 26, 2008, corresponding to the inception date of BAJAJFINSV.NS
Returns By Period
As of May 18, 2024, the Magnificent 7 INDIA returned 2.23% Year-To-Date and 25.90% of annualized return in the last 10 years.
| Year-To-Date | 1 month | 6 months | 1 year | 5 years (annualized) | 10 years (annualized) | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | 11.18% | 5.60% | 17.48% | 26.33% | 13.16% | 10.99% |
| Magnificent 7 INDIA | 2.23% | 0.73% | 12.94% | 26.75% | 30.07% | 25.90% |
| Portfolio components: | ||||||
ADANIENT.NS Adani Enterprises Limited | 7.42% | -1.53% | 38.55% | 61.27% | 87.31% | 45.68% |
BAJAJFINSV.NS Bajaj Finserv Limited | -6.12% | -2.08% | -1.75% | 10.97% | 11.12% | 29.65% |
INFY.NS Infosys Limited | -6.38% | 2.06% | 0.49% | 17.68% | 13.86% | 13.18% |
HINDUNILVR.NS Hindustan Unilever Limited | -12.90% | 4.48% | -8.24% | -10.32% | 7.66% | 17.43% |
RELIANCE.BO Reliance Industries Limited | 11.06% | -2.17% | 21.85% | 28.77% | 16.95% | 16.20% |
TATASTEEL.NS Tata Steel Limited | 19.88% | 4.56% | 33.67% | 62.91% | 29.16% | 13.40% |
TCS.NS Tata Consultancy Services Limited | 2.28% | -0.28% | 10.78% | 21.77% | 11.95% | 12.75% |
Monthly Returns
The table below presents the monthly returns of Magnificent 7 INDIA, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 2.21% | 3.00% | -2.12% | -1.42% | 2.23% | ||||||||
| 2023 | -3.69% | -10.46% | 0.94% | 1.19% | 7.00% | 3.24% | 4.13% | -2.51% | 0.49% | -2.83% | 4.90% | 8.17% | 9.44% |
| 2022 | -2.50% | -1.53% | 8.45% | -1.65% | -7.38% | -6.36% | 13.57% | 5.85% | -4.30% | 1.14% | 7.97% | -5.05% | 5.94% |
| 2021 | -1.02% | 12.46% | 12.25% | 4.85% | 9.16% | 4.67% | 3.29% | 13.42% | -2.21% | -4.08% | -1.31% | 3.46% | 67.96% |
| 2020 | 0.75% | -5.30% | -22.74% | 10.74% | -3.24% | 11.85% | 15.27% | 11.13% | 1.52% | 2.81% | 17.85% | 11.18% | 54.76% |
| 2019 | -2.00% | -0.04% | 148.05% | -55.57% | 1.15% | 1.02% | -6.53% | -1.46% | 5.60% | 6.90% | 2.09% | 2.37% | 19.87% |
| 2018 | 7.41% | -3.69% | -7.30% | 7.37% | -1.69% | 0.86% | 18.79% | 2.95% | -7.36% | -4.41% | 8.60% | -0.18% | 19.87% |
| 2017 | 5.00% | 12.68% | 5.95% | 0.72% | 4.69% | 2.43% | 10.83% | 1.92% | -5.17% | 8.79% | 3.39% | 6.45% | 73.62% |
| 2016 | -5.49% | -7.42% | 17.12% | 4.10% | -4.64% | 6.33% | 4.63% | -0.36% | -0.52% | 1.56% | -4.94% | 2.87% | 11.40% |
| 2015 | 11.41% | 0.93% | -5.83% | -0.65% | 2.17% | -2.10% | 1.01% | -8.32% | 1.20% | 6.85% | -4.77% | 5.18% | 5.53% |
| 2014 | -5.43% | 2.06% | 12.62% | 1.74% | 8.96% | 3.86% | 2.88% | 3.78% | -0.95% | 2.47% | 0.82% | -4.24% | 30.92% |
| 2013 | 3.65% | -5.79% | -1.47% | -0.55% | -3.64% | -3.90% | -0.71% | -3.24% | 2.39% | 16.20% | 6.96% | 3.79% | 12.42% |
Expense Ratio
Magnificent 7 INDIA has an expense ratio of 0.00%, indicating no management fees are charged. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of Magnificent 7 INDIA is 36, suggesting that the investment has average results relative to other portfolios in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Magnificent 7 INDIA
Risk-Adjusted Performance Indicators
This table presents a comparison of risk-adjusted performance metrics for positions. Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio | |
|---|---|---|---|---|---|
ADANIENT.NS Adani Enterprises Limited | 1.37 | 2.55 | 1.33 | 1.07 | 6.91 |
BAJAJFINSV.NS Bajaj Finserv Limited | 0.46 | 0.80 | 1.10 | 0.29 | 1.52 |
INFY.NS Infosys Limited | 0.70 | 1.16 | 1.15 | 0.38 | 2.14 |
HINDUNILVR.NS Hindustan Unilever Limited | -0.72 | -0.89 | 0.88 | -0.60 | -1.19 |
RELIANCE.BO Reliance Industries Limited | 1.41 | 2.13 | 1.26 | 1.37 | 4.08 |
TATASTEEL.NS Tata Steel Limited | 2.40 | 3.22 | 1.42 | 0.72 | 14.19 |
TCS.NS Tata Consultancy Services Limited | 0.92 | 1.52 | 1.18 | 0.72 | 4.28 |
Dividends
Dividend yield
Magnificent 7 INDIA granted a 1.29% dividend yield in the last twelve months.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Magnificent 7 INDIA | 1.29% | 1.41% | 1.40% | 0.93% | 0.99% | 1.55% | 1.02% | 1.17% | 1.49% | 1.87% | 1.84% | 1.83% |
| Portfolio components: | ||||||||||||
ADANIENT.NS Adani Enterprises Limited | 0.04% | 0.04% | 0.03% | 0.06% | 0.21% | 0.19% | 0.25% | 0.38% | 0.82% | 2.65% | 2.64% | 4.90% |
BAJAJFINSV.NS Bajaj Finserv Limited | 0.05% | 0.05% | 0.03% | 0.05% | 0.14% | 0.07% | 0.07% | 0.08% | 0.15% | 0.22% | 0.33% | 0.51% |
INFY.NS Infosys Limited | 2.46% | 2.30% | 2.15% | 1.58% | 1.72% | 3.07% | 1.83% | 2.70% | 2.53% | 2.27% | 1.88% | 1.37% |
HINDUNILVR.NS Hindustan Unilever Limited | 1.72% | 1.50% | 1.41% | 1.36% | 1.57% | 1.25% | 1.15% | 1.32% | 2.00% | 1.80% | 1.78% | 2.02% |
RELIANCE.BO Reliance Industries Limited | 0.31% | 0.35% | 0.31% | 0.30% | 0.33% | 0.43% | 0.54% | 0.60% | 0.97% | 0.99% | 1.07% | 1.01% |
TATASTEEL.NS Tata Steel Limited | 2.15% | 2.58% | 4.53% | 2.25% | 1.55% | 2.75% | 1.92% | 1.37% | 2.04% | 3.08% | 2.50% | 1.89% |
TCS.NS Tata Consultancy Services Limited | 2.30% | 3.08% | 1.38% | 0.94% | 1.40% | 3.10% | 1.37% | 1.78% | 1.92% | 2.09% | 2.70% | 1.10% |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Magnificent 7 INDIA. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Magnificent 7 INDIA was 68.60%, occurring on Mar 23, 2020. Recovery took 273 trading sessions.
The current Magnificent 7 INDIA drawdown is 4.48%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -68.6% | Apr 1, 2019 | 241 | Mar 23, 2020 | 273 | Apr 29, 2021 | 514 |
| -64.74% | Oct 29, 2012 | 210 | Aug 28, 2013 | 285 | Oct 23, 2014 | 495 |
| -61.46% | Nov 13, 2015 | 63 | Feb 12, 2016 | 606 | Jul 24, 2018 | 669 |
| -60.21% | Oct 27, 2014 | 217 | Sep 7, 2015 | 43 | Nov 11, 2015 | 260 |
| -56.66% | Feb 14, 2019 | 4 | Feb 19, 2019 | 26 | Mar 29, 2019 | 30 |
Volatility
Volatility Chart
The current Magnificent 7 INDIA volatility is 2.93%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Diversification
Asset Correlations Table
| HINDUNILVR.NS | TCS.NS | INFY.NS | ADANIENT.NS | BAJAJFINSV.NS | TATASTEEL.NS | RELIANCE.BO | |
|---|---|---|---|---|---|---|---|
| HINDUNILVR.NS | 1.00 | 0.20 | 0.19 | 0.15 | 0.20 | 0.16 | 0.19 |
| TCS.NS | 0.20 | 1.00 | 0.57 | 0.22 | 0.25 | 0.25 | 0.29 |
| INFY.NS | 0.19 | 0.57 | 1.00 | 0.25 | 0.27 | 0.27 | 0.30 |
| ADANIENT.NS | 0.15 | 0.22 | 0.25 | 1.00 | 0.37 | 0.46 | 0.41 |
| BAJAJFINSV.NS | 0.20 | 0.25 | 0.27 | 0.37 | 1.00 | 0.40 | 0.38 |
| TATASTEEL.NS | 0.16 | 0.25 | 0.27 | 0.46 | 0.40 | 1.00 | 0.43 |
| RELIANCE.BO | 0.19 | 0.29 | 0.30 | 0.41 | 0.38 | 0.43 | 1.00 |